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Price-Earnings Ratios A firm has positive ROE but zero growth in earnings. The stock is priced at $32.40 and has earnings of $3.00 per share.

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Price-Earnings Ratios A firm has positive ROE but zero growth in earnings. The stock is priced at $32.40 and has earnings of $3.00 per share. What is the firm's required return and optimal retention ratio? Multiple Choice 0 10.80%; 0 0 10.80%; 1 0 9.26%; 0 0 9.26%; 1

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